Covid effect: Banks prefer govt bonds to giving loans

This trend has not been seen in nearly two decades, barring 2016 — the year of demonetisation. Illustration: Dominic Xavier/Rediff.com Record liquidity infusion by the central bank in the......

10 economic commandments for Modi

Instead of a consumption stimulus the government must address the NPA issue on a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar. Illustration: Dominic......

RBI may pause this time, but rate cut likely in Dec

Lower inflation, FCNR(B) outflows likely to influence central bank decision A majority of bankers and economists expect the Reserve Bank of India (RBI) to keep key policy rates in hold in its......

Bankers take fright as UK vote count points to Brexit

For investment bankers, a Brexit vote is more than just about volatile prices on a screen but also about where they may end up working and living. Bankers' early confidence that Britain would......